Anglo Asian Mining Share Discussion Threads

[celeritas] 02/3/2018 09:19

► UGUR OPEN PIT MINE
• Exploration underway at newly producing Ugur to define extensions of similar mineralisation to
increase resource inventory
► DRILLING AT GEDABEK
• On-going drilling programme to evaluate and optimise the mine plan
► DOWN DIP POTENTIAL AT GADIR
• Continuity of mineralisation demonstrated following evaluation of further down dip potential
► TUNNEL BETWEEN GADIR AND GEDABEK UNDERGROUND MINERALISATION
• First phase of the tunnel completed with Gedabek style mineralisation intersected
► ORDUBAD CONTRACT LICENCE POTENTIAL
• Low-cost exploration work successfully completed with encouraging initial results confirming presence
of surface and underground gold and copper mineralisation

[celeritas] 02/3/2018 09:13

It was only just mentioned in the recent vids. Id say a 3 year plan on what aaz intend to do regarding exploration needs some time to put into words. No rush as all the time AAM are producing and doing what it says on the tin.
Gedabek is 300 square km, now I dont know about most here but I suspect not many could even write that report never mind in a time scale. It will need checking and checking again.
Of course we could just rush one out with nothing much on it if it pleases people.

[friendzarin] 02/3/2018 08:13

I know there is irony behind this but c'mon Catsick...we've been anticipating this since the end of October. A week or so at this stage doesn't matter that much surely,especially when the s p is holding firm so far.

[catsick] 02/3/2018 07:49

So no news of the top secret drills and plans this week.... maybe by 3 year drilling plan they mean its drilling they plan to tell us about in 3 years ....?

[jbe81] 01/3/2018 20:03

Nice bounce in gold this evening

[crazycoops] 01/3/2018 12:47

I'm loving the low volume and low volatility here while we are waiting for the next news. Hopefully, that means there is not much hot money here now. Sweet!

[mattjos] 01/3/2018 12:32

been testing a machine here today Terropol ... radio controlled Four wheel Drive machine that we have fitted with a snow plough. Cleaned up the car parking area nicely :-)

[terropol] 01/3/2018 12:24

Has every body frozen up???
Very quite on here.
I am guessing is colder here than at the mine??
We could well be getting news next week.
Keep warm boys and girls.

[yasx] 01/3/2018 10:39

Fully expected POG to retrace short term and that is playing out - fortunately, AAZ holding up well, but I did reduce exposure in a lot of my larger gold/silver plays which are sufficiently liquid to trade. Will be re-entering those shortly, since remain bullish on both gold and silver for the remainder of the year.

[jeanesy] 01/3/2018 07:18

Still no news here. Likely to be next week now imo. POG still weak, but still above 1300 for now.

[edjge2] 27/2/2018 22:02

$ likely to resume downtrend after this bounce, Dow likely up and metals too. FOMC march should be turn point for gold. They do what they do and certainty takes pressure off gold. Middle east fermenting nicely so action there soon if not from NK boy. 2sporanns, agree.

[jeanesy] 27/2/2018 20:31

Looks like POG may be wanting to test 1300 again despite some saying it ought to show strength this week. There appears to be some selling into strength today. Production figures any day now. I hope they are worth waiting for.

[mattjos] 27/2/2018 19:05

Interesting how the Penant on the chart converges in the next few days.MM's appeared to be on the run earlier today .. saved by the seller.

[2sporrans] 27/2/2018 16:05

Aaaach, Powell's jawboning down recession and asset risks; perked the $ and stuffed the POG today.

It will soon be forgotten.

[celeritas] 27/2/2018 16:01

I expect a dividend anyway at some point this year.
Reserves will be added as we go along over the next 3 years, Reza is gearing the plant up to eliminate bottlenecks in the future.

[wrighty46] 27/2/2018 15:49

If we can prove up reserves, with the market anticipating more to come, that is pretty much job done for the share price Add in a dividend and the instis will take this to a completely new level.

[celeritas] 27/2/2018 15:48

Thanks for the black and white Friendzarin.

[friendzarin] 27/2/2018 15:26

Celeritas. It's always good to see it in black and white as well.

Stephen's words verbatim.


“This years going to be very exciting .We have a very aggressive exploration programme ahead. We will be putting information out about that in due course …however this particular programme is looking at a rolling three year exploration programme not just focussing on our near mine exploration but also looking at the total area of the Gedabek contract area 300 square kilometres where we have in addition to our current mining operations many different targets of both gold and gold copper style mineralisation to further evaluate …so as part of that as well we are going to be looking at enhancing our resources and our reserves with the objective of dovetailing our production profiles with future resource and reserve growth pattern.”

[celeritas] 27/2/2018 13:57

Worth another listen from Stephen Westhead, 6:25 on.
Should be any day now in the next 2 weeks.

[wrighty46] 27/2/2018 13:30

It's not me selling. I'm well and truly sticking with mine now. GLA.

[lefrene] 27/2/2018 11:45

Something leaked? Can't get the stock? Has AAZ been 'discovered'!

[2sporrans] 27/2/2018 11:42

Wassup?

All these buys, nex included?

42<>43p now :0)

Smells good!!

[casabella2] 27/2/2018 11:32

sSounds good terropol

[terropol] 27/2/2018 10:18

AAZ are working their figures at $1.250 x OZ

Say we are producing about 2000 per week (just to keep it round figure)

$80 extra x oz makes $160.000 x week and by 52 = $8,320,000 dollars extra to working figures.

Let Gold stay at $1330, we are very happy with that.

Good morning all.

[yasx] 27/2/2018 08:17

Chuckle chuckle.

A little more patience Catsick...